Don’t Bet on Wall Street: The Financialization of Nature and the Risk to Our Common Resources | Food & Water Watch
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I long ago stopped believing that most corporations and politicians had the good of the public in mind. We need independent groups like Food & Water Watch to raise awareness and advocate for ethical, environmentally positive laws.
Elise Zuidema
June 27th, 2012

Don’t Bet on Wall Street: The Financialization of Nature and the Risk to Our Common Resources

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Summary:

All too often when an economist or banker looks out at an expanse of virgin forest or free-flowing river, she doesn’t see nature — she sees “natural capital.” This concept promotes the view that our natural resources should be attached a value and managed using market-based principles of supply and demand. It is the cornerstone of the “green economy” that many free-market proponents and market-oriented environmentalists assert will provide environmental sustainability.